Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The latest update is out from DroneShield Limited ( (AU:DRO) ).
JPMorgan Chase & Co. and its affiliates have become a substantial holder in DroneShield Limited, acquiring a 5.31% voting power through various securities transactions. This acquisition highlights JPMorgan’s strategic interest in the defense and security sector, potentially impacting DroneShield’s market positioning and stakeholder dynamics by aligning with a significant financial entity.
More about DroneShield Limited
DroneShield Limited operates in the defense and security industry, focusing on developing and providing advanced drone detection and mitigation technologies. The company primarily offers products and services designed to protect against drone threats, catering to military, government, and commercial markets globally.
YTD Price Performance: 63.30%
Average Trading Volume: 251,892
Technical Sentiment Signal: Strong Sell
Current Market Cap: $675M
Find detailed analytics on DRO stock on TipRanks’ Stock Analysis page.